BUZZ-Textron down on weak 2025 profit forecast

Updates

Shares of the Cessna business jet maker Textron TXT.N down 4% at $78.05

TXT forecasts 2025 profit below analysts' expectations as it reels from labor action in its aviation segment and demand softness in the industrial segment

Co expects 2025 adj EPS between $6.00 and $6.20 vs. estimates of $6.40, according to data compiled by LSEG

Sees 2025 rev at ~$14.7 billion, below analysts' estimate of $14.75 billion

TXT delivers 32 jets during Q4, down from 50 a year ago, and 38 commercial turboprops vs. 44 last year

Q4 rev of $3.61 billion also misses analysts' expectations of $3.81 billion

As of last close, shares up ~6.2% YTD

(Reporting by Rupali Chaudhary in Bengaluru)

((Rupali.Chaudhary@thomsonreuters.com))